Closing Open positions on Binance

Question

I am using the Binance Python API (Python 3.x)

When one uses the “create_order” functionality, it creates an order on the SPOT exchange with a STATUS of NEW. When it gets filled, the STATUS goes to FILLED.

Also, when it is FILLED, my understanding is that a POSITION is being created (Long or Short)

My question is as follows: What endpoint can I use to get a list of the Open Positions.

Why do I want this? If a Position is on the SELL side, I would like to execute a BUY to close it. If a Position is on the BUY side, I would like to execute a SELL to close it.

Can this be done?

Any help, hints or advice would be ~greatly~ appreciated.

TIA

@michaeldel ETA: I am using this here: https://python-binance.readthedocs.io/en/latest/

For the Orders, I have been following: https://python-binance.readthedocs.io/en/latest/account.html?highlight=orders#orders

Can you note what the equivalent would be the equivalent under this (Python) API?

I have been using: "get_all_orders" with a focus of the "STATUS" being "FILLED". https://python-binance.readthedocs.io/en/latest/binance.html#binance.client.Client.get_all_orders

I was looking for Open Positions (not Orders)

If a BTCUSDT SELL Position that has status=FILLED with a origQty =.20, I want to be able to reverse it with a BUY and a Quantity of .20

If a BTCUSDT BUY Position has status=FILLED and a origQty=.30, I want to be able to reverse it with a SELL and a Quantity of .30

Does this make sense?

Is there a better way to do it? Am I missing something?

Thanks for the input!

Answer 1

For binance futures this feature was added at 2020-05-18!

With the STOP_MARKET or TAKE_PROFIT_MARKET you can use closePosition param!

closePosition=true

As per the change long from the api doc here:

2020-05-18

New parameter closePosition for endpoint POST /fapi/v1/order: If a STOP_MARKET or TAKE_PROFIT_MARKET order with closePosition=true is triggered，all of the current long position( if SELL order) or current short position( if BUY order) will be closed.

New field closePosition in response to endpoints:

• POST /fapi/v1/order
• POST /fapi/v1/batchOrders
• GET /fapi/v1/order
• DELETE /fapi/v1/order
• DELETE /fapi/v1/batchOrders
• GET /fapi/v1/openOrder
• GET /fapi/v1/openOrders
• GET /fapi/v1/allOrders

Check the new order doc description